Breached Contracts

Contract Number: 1106556839 issued on January 24, 2005, 3:53 am and became overdue for payment on February 03,2005

Company Name: Beijing Nafta Trading Co Ltd
Address: #301 - 1803 WangJing XiYuan San Qu

City: Chao Yang Beijing China
Contact: Mr Harold Park
Telephone: 861084715790
Fax: 861084714921
Email: naftagroup21ct@yahoo co kr

Shipping to Beijing Nafta Trading Co Ltd located in Chao Yang Beijing China

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 225.00 USD to be unloaded in China - Shanghai
Client currently owes $ 81,000,000 USD from February 03,2005 which is a full breech of contract on the initial amount of $ 6,750,000 due on February 03,2005
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: